WHAT IS THE RATE OF DEPRECIATION FOR CUMPUTERS AS PER INCOME TAX ACT AND AS PER COMPANIES ACT?
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what is depreciation rate for computers as per IT ACT?
Replies (20)
As per IT act : 60%
As per Companies Act : 40 % (WDV), 16.21 % (SLM)
60% in IT Act
it is correct , as per income tax act depreciation rate of computer 60%.
Mr vdp is right
Depreciation rate, as provid, under the IT Rules 1962, is 60% for computers.
Agree
As per IT act : 60%
As per Companies Act : 40 % (WDV), 16.21 % (SLM)
As Per Companies Act:
SLM : 16.21%
WDV : 40%
Printers & Other Accesories : 20%WDV
As Per Income Tax Act :
Computer & Printers (Accessories) - 60% WDV
agreed with ayush sir's info
60% under IT Act
As per IT act : 60%
As per Companies Act : 40 % (WDV), 16.21 % (SLM)
agreed with all
| Originally posted by : AYUSH AGRAWAL | ||
 |
As Per Companies Act: SLM : 16.21% WDV : 40% Printers & Other Accesories : 20%WDV As Per Income Tax Act : Computer & Printers (Accessories) - 60% WDV |
|
Rate of Depreciation:-
As per IT Act - 60%
As per Companies Act - 40% WDV and 16.21% SLM
| Originally posted by : AYUSH AGRAWAL | ||
|
|
As Per Companies Act: SLM : 16.21% WDV : 40% Printers & Other Accesories : 20%WDV As Per Income Tax Act : Computer & Printers (Accessories) - 60% WDV |
 |
agreed
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